2015-SJPC-Annual-Rep
Total Page：16
File Type：pdf, Size：1020Kb
SOUTH JERSEY PORT CORPORATION 2015 Annual Report SOUTHERN NEW JERSEY’S INTERNATIONAL SEAPORT SOUTH JERSEY PORT CORPORATION The core mission of the South Jersey Port Corporation is to maximize regional deep-sea maritime assets to foster economic growth and job creation in southern New Jersey. A quasi-state agency of the State of New Jersey, the SJPC was created to build and operate marine terminals in its southern seven counties. The SJPC owns and operates two deepwater marine terminals in the City of Camden on the Delaware River and is constructing a deepwater omniport on 190 acres of land in Paulsboro. In Salem City, along the Salem River, the Corporation owns facilities that support barges and shallow draft ships. A vital link in the global supply chain, the SJPC is the grantee of the federal Foreign Trade Zone #142. Annual Report 2015 - p1 Contents Introduction 02 Transmittal Letter 04 Board of Directors 06 Sounds of the Future 08 Our Mission 10 Paulsboro Marine Terminal 12 Reconfi guring Broadway Terminal 14 2015 Highlights 16 Our International Terminals 18 Administrative Offi cers & Staff 20 p2 - SOUTH JERSEY PORT CORPORATION 2015 SJPC OVERVIEW Another successful business year has ended for the marine terminals of the South Jersey Port Corporation as cargo tonnage, revenues and job-creation continued in 2015 on a steady, multi-year trajectory of positive growth. Overall annual cargo tonnage increased by 12% from 2,264,747 short tons to 2,525,563. A rebound in wood product and gypsum imports, combined with the arrival of sand bulk cargo, are the main factors behind the continued growth. The Port processed 160,255 short tons of wood products, 48% higher than 2014, 116,376 short tons of gypsum and 245,865 of sand. AtAt aa Glance:Glance: Steel imports destined for 2015 Highlights midwest and Canadian 2015 Highlights manufacturers and scrap metal exports remain at historically high numbers. Steel 12.0% tonnage was 832,154 tons and scrap metal was 525,221 Cargo tonnage compared to 522,381 in 2014. Increasingly, the SJPC has become the winter default port for steel shippers when 29.0% the Saint Lawrence Seaway closes during the winter. Ship arrivals The Port’s terminals are also becoming a year round business for steel. Cement 15.0% and Grancem® tonnage were 355,184 and 105,162 Ship days respectively, slightly less than the previous year. The SJPC’s marine terminals handled 201 ships in 2015, 29% more than the 157 ships that arrived in 2014. The number of ship days (i.e. the number of days a ship is loading and unloading at its terminals) grew by 15% from 462 ship days to 530. SJPC formed the partnerships and built the infrastructure necessary for sustained growth in cargo and jobs. SJPC continues to be a driving force behind the growth of the regional economy and the renaissance of Camden. Annual Report 2015 - p3 a multi-year trajectory of positive growth p4 - SOUTH JERSEY PORT CORPORATION Board Chairman Richard Alaimo. FOUR-YEAR CARGO TOTALS Steady growth 12.0% Cargo tonnage continued on a steady, multi-year trajectory of positive growth in 2015. 12 13 14 15 Annual Report 2015 - p5 LETTER TO THE GOVERNOR To the Governor, Lt. Governor and Legislators of New Jersey business and management decisions The building of PMT made the made by our board of directors and development of the Holtec International On behalf of the Board of Directors of management team; and the skills and campus at our Broadway Terminal in the South Jersey Port Corporation, it is fl exibility of our dedicated employees. Camden possible. my pleasure to report the South Jersey Port Corporation in 2015 continued to With courage and vision, especially Funded through the “New Jersey expand on its steady growth of business. during the depths of the worst global Economic Opportunity Act” and “Grow economic implosion since the 1930s, New Jersey” economic incentives, the Revenues, cargo tonnage and job- the State of New Jersey—through its $260 million industrial, engineering creation continue on a steady, multi-year, Governor and State Legislature—made and research campus, by 2021, will trajectory of positive growth. continued investments not only in employ 5,000 scientists, engineers and current needs but, more critically, for the fabricators of sophisticated components Key to our success has been the SJPC’s future. for the growing global nuclear energy ability, in a multi-dimensional business market. environment, to weather the negative The new Paulsboro Marine Terminal eff ects of the past decade’s economy by (PMT) in Paulsboro, New Jersey—a Economic growth. Job creation. adapting to ever-changing market forces commitment made just prior to, Commitment to the now and to the of the maritime business environment— and sustained through, the 2008 future. These are the 2015 returns on globally, regionally and locally. While recession —is now coming to life in 2016 investment. focused on the now, we must always to accommodate our business growth keep an eye on the horizon. in a partnership with Holt Logistics our operator-leasee of the PMT. Promising Sincerely, The 2015 Annual Report of the SJPC is a to create 850 jobs at PMT, Holt Logistics, testament to your collective leadership landed its fi rst major PMT customer, and investment on behalf of the people NLMK-USA, Russia’s largest steel of New Jersey; in the job-creating producer. The NLMK will create 150 jobs. Richard AA. AlaimAlaimoo mission of the SJPC; the prudent Chairman p6 - SOUTH JERSEY PORT CORPORATION ABOUT THE BOARD OF DIRECTORS On January 23, 2008, legislation increased the South Jersey Port Corporation Board from seven to eleven Directors. This action also added the State Treasurer, ex offi cio, or the Treasurer’s designated representative who would be a voting member of the Corporation, to the Board. The ten public members must each reside in the Port District. SJPC Port District is comprised of seven counties: Mercer, Burlington, Camden, Gloucester, Salem, Cape May and Cum- berland. There are three subdistricts: Subdistrict 1: Mercer and Burlington Counties: Three members Subdistrict 2: Camden and Gloucester Counties: Five members Subdistrict 3: Salem, Cape May and Cumberland Counties: Two members Annual Report 2015 - p7 2015 Board of Directors Guiding the Port through a challenging economy into a growth market Chairman Director DirectorDiireectoror DiDDirectorireectoro Richard A. Alaimo Chad M. Bruner RobertRoobert A.A. DeAngelo,DeD AnA ggeloo, Sr.Sr. JonathanJoonanathhan S.S. GershenGeersshheen Burlington County Gloucester County CityCiC ty ooff PPaPaulsboroulsborro MercerMeercr ere CountyCountn y DiDirectorrectorr DirectorDiD reecttorr DirectorDireectorr Director JosephJoJ ses ph AA.. Maressa,MMarreessa,a Jr.Jr. ErEricicc E.E. MartinsMMaarttiins CraigCrraig F. RRemingtonemmingtonn Sheila F. Roberts CamdenCaamden CountyCouunty MeMercerercerr CountyCouuntn y CamdenCaamdden CountyCouunnty City of Camden DirectorDirector DirectorDiirreecttor Actingi Rev.Reev.v. Carl. E. StylesStyles ChristopherChriisttopophheer ChianeseChianeesee State Treasurer CumberlandCuumberland County Treasurer’sTreaasureerr’s DesigneeDeesignneee Ford M. Scudder p8 - SOUTH JERSEY PORT CORPORATION SOUNDS OF THE FUTURE In rhythmic pounding, steel encapsulated concrete piles are driven deep into the South Jersey soil along the fabled Delaware River. THE SOUNDS OF THE FUTURE ARE IN THE NOW The sounds of the future are in the now. In rhythmic pounding, steel encapsulated concrete piles are being drivenr deep into southern New Jersey’s soil along the Delawaree River. In rain, in blustery wind, under a harsh sun, from dawnn tto dusk, thousands of piles are driven into the soil of Paulsboro,uls New Jersey, where a new omniport —the fi rst new portpo in nearly 75 years —is coming to life. Eleven miles up rivriver, another 4,000 piles are hammered into the soil offa an old shipyard in Camden. In that shipyard workers builtuil the huge fl eet of warships that won World War II. It then evolvedev into a global marine terminal and now is being redefidefi ned as a home for modern industry. Hard hats are everywhere. Large earthmovershm sculpt the Paulsboro landscape into fi elds whereere a new crop of wharves, roads, and buildings will bud. In CamCamden, ironworkers, in a death-defying ballet, shape steesteel beams into the skeleton of Holtec International’s campusmpus where scientists and engineers will contribute to the rebirthrebi of the global nuclear energy industry. It’s the sound of the now morphing into tomorrow, an exclamationxclam point on 2015 for the South Jersey Port Corporation in the steady drumbeat of another successful year. Adapting to ever-changing—and challenging—market forces of the maritime business environment, the South Jersey Both photos: Pilings being driven for the wharf at the Port Corporation has weathered the global recession and, in SJPC’s new omniport in Paulsboro. 2015, continued its steady growth of business. Annual Report 2015 - p9 Record breaking year Continuing robust imports Investing in the future These are the dividends of a multi-year, A rebound in scrap metal exports and Through prudent management, visionary two-front business strategy crafted and wood product, gypsum, and sand imports planning and courageous investments, adopted by the Board of Directors of the were the main contributors to the SJPC’s the SJPC in 2015, harvested the dividends SJPC and by stakeholders, the people record-breaking year. Wood product of a solid and productive business of today of New Jersey through the Governor imports increased by 48% to 160,255 while marching on the well-engineered and State Legislature. It was a strategy short tons and scrap metal exports highway to a prosperous future. requiring a clear-eyed focus on current increased by 1% to 525,221 short tons. business operations, opportunities, The Port also moved 245,865 short tons of Decisions and investments made sustainability and growth while sand and 116,376 short tons of gypsum.